The study by ADB and Korea University examines the impact of AI and robotics on employment and productivity in South Korea, ...

UK pay growth picked up to its highest level in eight months and employment unexpectedly rose, as the jobs market appeared ...

A new paper by Harvard economists David Deming and Lawrence H. Summers offers early evidence of artificial intelligence ...

The owner of a leading City law firm linked to millionaire Labour donor Ian Rosenblatt has collapsed into bankruptcy after a ...

Amid sluggish job market, IT company bosses choose quirky benefits ahead of pay hikes, say move boosts efficiency, staff ...

An opposition councillor said a Norfolk council and its main care home contractor have failed to invest in upgrading ...

The Trump administration’s bold policy initiatives to increase government efficiency and tighten immigration will likely have ...

How to think about Crypto, interest rates, and AI-driven labor market shifts that are set to shape global business, investment, and policymaking.

This paper examines how the composition of firm exposure and competition among imperfectly substitutable workers mediate the earnings, welfare, and unemployment incidence of changes in the ...

We begin by examining the fundamentals of monopsonistic wage determination. The core of the theory is a mapping from the distribution of worker outside options to wages. We study non-parametric shape ...

Our fair value estimate for Recruit is JPY 7,700 per share, implying a price/earnings ratio of 29 on our fiscal 2024 estimates. We use a weighted average cost of capital, or WACC, of 8%, reflecting ...

The labor market is performing exceptionally well, according to Raphael Bostic, president of the Federal Reserve Bank of ...